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    25255 Grand Riv Ave Redford, MI 48240-1404
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    Property profile & analytics

    25255 Grand Riv Ave, Redford, MI 48240-1404

    View on Map

    • Motels
    • 32,036 SF
    • 1.34 lot acres
    Off-Market
    Last Sale Jan 3, 2024
    $1,500,000
    Property ID
    US43-5235192
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,500,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 25255 Grand Riv Ave

    Year built
    1963
    Lot size
    1.34 lot acres
    Property type
    Motels
    APN
    79 002 99 0007 000
    APU
    79002990007000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 10, 2024 — C & L Hospitality INC — Deed · related $1.3M · Mukesh Patel
    Jan 3, 2024 $1,500,000 C & L Hospitality LLC Mukesh M Patel Warranty Deed $1.3M · Mukesh Patel
    Nov 8, 2007 — Mukesh M Patel Msj Corp Quit Claim Deed · related —
    Feb 9, 2007 $40,053 Coach-lantern Motor Inn Treasurer Of Wayne County Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,500,000
      ML approach
      $1,500,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,742,000
      Market price range: $986k - $3.12M
      AI Estimate
      $1,742,000
      Market price range: $986k - $3.12M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,990,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $2,425,000
      Change: +22% Conversion: Difficult
      RETAIL STORES
      $2,215,000
      Change: +11% Conversion: Difficult
      MEDICAL BUILDING
      $2,020,000
      Change: +1% Conversion: Difficult
      OFFICE BUILDING
      $1,975,000
      Change: -1% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Redford
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2909
    Latitude
    42.429
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $38,304
    $0.00
    $0.00
    $639,400
    -
    $0.00
    $0.00
    $1,278,800
    More about this property
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